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Whats YOUR profit margins at $110 per hour? Have YOU figured that out yet? Just because someone else is charging that doesnt mean you should. Figure out what YOUR costs are and YOUR desired profit margin and bingo theres YOUR rate. Maybe itll come in less and you'll get more work because of it. Maybe you'll be too high and get no work(if thats the case your doomed from the start and better to find out now then bankrupsy later)

Whats YOUR profit margins at $110 per hour? Have YOU figured that out yet? Just because someone else is charging that doesnt mean you should. Figure out what YOUR costs are and YOUR desired profit margin and bingo theres YOUR rate. Maybe itll come in less and you'll get more work because of it. Maybe you'll be too high and get no work(if thats the case your doomed from the start and better to find out now then bankrupsy later)

Food for thought

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Great post Mick76.

If we keep beating that drum maybe the music will sound good. If anyone needs help calculating their cost per hour of operation, Check out a CD titled Know why you charge what you charge at www.profitsareus.com. This is an excel spreadsheet that you simply fill in the blanks with your company's information such as cost for equipment, finance rates if financed, use-rates, overhead and desired margin. Take the guesswork out of your hourly rates for any service that you offer.